The U.S. Is Now The World's Largest Petroleum Producer

Saudi Arabia reduced its output to 9.67 million barrels a day last month. Phil Weymouth/Bloomberg U.S. Passes Saudis In Oil Output, No Thank...

Why Is Saudi Arabia Cutting Back On It's Oil Production?

Why Has Saudi Arabia Cut Its Oil Output? -- Jared Anderson, Aol Energy The world's most influential oil producer, Saudi Arabia, reduced ...

Africa's Energy Demands Are Starting To Skyrocket

Africa's Energy Consumption Growing Fastest In World -- Christian Science Monitor Africa's energy demands are skyrocketing, but with...

IEA: U.S. Will Become The World’s Top Oil Producer Within Five Years

Oil and gas boom puts US on track for energy independence. CNN U.S. To Become World's Largest Oil Producer Before 2020, IEA Says -- L.A....

Petro Dollars Are Now Staying In The Middle East

Gulf States Keep Oil Dollars Home -- Wall Street Journal Booming oil prices are flooding Arab countries with money, but where the lion's...

Get Ready For A New Era Of Oil Shocks

Prepare For A New Era Of Oil Shocks -- Martin Wolf, CNBC/Financial Times Oil prices are up. Barack Obama is to blame. Drilling in the US is ...

Iran Accusses The West Of Using Oil As A Political Weapon

March 15 (Bloomberg) -- Alejandro Barbajosa, an oil markets specialist and business development manager at Argus Media Inc., talks about oil...

World Oil Markets Are VERY Jittery

Brent Crude Oil Futures $/barrel Oil Leaps To Highest Level Since Mid-2008 -- Financial Times Oil leapt to the highest level since the marke...